So I bought bullish positions in USD about 2 weeks ago after a strong jobs report and rising bond rates. After the Fed meeting yesterday, USD tanked and I thought I would have another margin call. Here we are just 16 hours after the Fed announcement... And USD has returned to previous levels. It absorbed the entire shock in just 16 hours!!! This is very good for a long-term USD bull position, I think!!
I'm in disbelief about USD
- Thread starter farmerjohn1324
- Start date
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Yes i thought Fed day was going to be a down day\so many are.[stocks ETFs
I did not think @ all i was going to get a MARGIN CALL/ or even worse ''another margin call!!!!!!!!!!!'' THAT would mean i was trading way to big..................................................................................................................
I lost money on a gun trade this week, not trading too big; bid ask on guns has always been very wide/not as bad as autos/LOL...................................................................10 %sales tax is abit steep.[ I liked the dealer so i also gave him a gun for parts]
It's been tanking for quite a while for that reason. I believe things are starting to turn around. They still have negative interest rates in other parts of the world.
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Anything is possible; but the Euro has so much taxes + to many regs around it /USD could do much better than anyone dreamed.
WHaT 's really crazy is the price for confederate money/LOL +old silver certs[payable in silver the at FED notes says/LOL]
I paid up a big percent for 1907 nickle sett so i cant really complain about value of us currency/change...........................................................................................
Makes sense to be long dollar given higher rates.
It makes sense to be long because of a what, 1 to 2% difference in interest rates (I seriously don't know the numbers, but I'd bet its somewhere around there), when the U.S. is printing dollars at a 23%+ clip annually, with no end in sight? I think that has to easily engulf those slight difference in interest rates, at least for the currencies where their countries are not engaging in the same crazy level of printing...
Never bet against the us.
They are not printing money like you think, to cause hyperinflation you need a drop in supply and money printing directly in people's hands. I know stimulus checks is just that, but it causes a temporary spike and fades when the check is no longer a thing.
The bond rising is a reaction to both short term inflation spike but also people selling bonds to rotate into stocks.
They are not printing money like you think, to cause hyperinflation you need a drop in supply and money printing directly in people's hands. I know stimulus checks is just that, but it causes a temporary spike and fades when the check is no longer a thing.
The bond rising is a reaction to both short term inflation spike but also people selling bonds to rotate into stocks.
USD has had a range of less than 1.5% in the last two weeks, and you almost got a margin call? Holy cow dude, just how much leverage are you using?